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Posted: 9/30/2014 1:10:12 AM EDT
I'm a little perplexed. I have a fairly good grasp of basic statistics and the ability to read and learn; however, this term has me confused and I cannot find an explanation anywhere.



What in the world is a "Golden Mean" in these rankings from renowned statistician Jeff Sagarin and, further, how is it computed? As far as I can tell, it is not referring to phi or the 'golden ratio.'




I've searched for "golden mean" and "golden average," but I cannot find anything definitive. Perhaps, it is a proprietary statistical algorithm used by Sagarin?
Link Posted: 9/30/2014 1:28:29 AM EDT
[#1]
I believe it refers to using the Golden Ratio to find the probability of the event (winning) since you have a very limited sample set.
Link Posted: 3/12/2015 10:29:53 AM EDT
[#2]
Link Posted: 6/20/2015 11:46:41 PM EDT
[#3]
See = Phi
\tfrac{1 + \sqrt{5}}{2} \approx 1.61803398874989484820458683

See also, Fibonacci Lateralus &/or spiral. Also, a a song by Tool.

IMHO - It is more of a Sacred Geometry equation found in architecture & nature (As said: design).
Link Posted: 6/22/2015 1:43:47 AM EDT
[#4]
Link Posted: 9/25/2015 12:05:06 PM EDT
[#5]
did we figure this one out?
Link Posted: 10/6/2015 9:06:44 PM EDT
[#6]

Discussion ForumsJump to Quoted PostQuote History
Quoted:


did we figure this one out?
View Quote




 
Yes thanks.




I have a related question (maybe I should start my own thread): What would be a good way to define strength of schedule?




Traditionally, sports ratings have calculated strength of schedule as such: The formula shall be weighted two-third (66 2/3%) for the opponent's record and one-third (33 1/3%) for the opponents' opponents record.




The 2/3 and 1/3 seem rather arbitrary to me. Is there a better way this could be done?
Link Posted: 10/6/2015 9:16:29 PM EDT
[#7]
(1+(sqrt5))/2
Link Posted: 10/7/2015 1:23:13 AM EDT
[#8]

Discussion ForumsJump to Quoted PostQuote History
Quoted:


(1+(sqrt5))/2
View Quote
What's so special about ~1.618?

 
Link Posted: 11/23/2015 3:54:37 PM EDT
[#9]

Link Posted: 11/24/2015 5:01:56 AM EDT
[#10]
Discussion ForumsJump to Quoted PostQuote History


This ratio is found throughout nature.  There is a NOVA special on it if you dig around on the PBS site or use an Apple TV.  
Link Posted: 4/2/2016 11:11:45 PM EDT
[#11]
Do you think it occurs in warfare?
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